VetOfTheSeas@discuss.online to Political Memes@lemmy.world · 2 个月前Totally reasonablediscuss.onlineimagemessage-square159linkfedilinkarrow-up11.36Karrow-down124
arrow-up11.34Karrow-down1imageTotally reasonablediscuss.onlineVetOfTheSeas@discuss.online to Political Memes@lemmy.world · 2 个月前message-square159linkfedilink
minus-squareBlackLaZoR@lemmy.worldlinkfedilinkarrow-up9arrow-down1·2 个月前Also, you’re taxed on spending while businesses generally aren’t
minus-squarechilicheeselies@lemmy.worldlinkfedilinkarrow-up6·2 个月前That’s not really true. Payroll taxes are still a thing, and they still need to pay sales tax when purchasing materials. It’s the accounting tomfoolery that lets then get away with not paying taxes on profits.
minus-squareBlackLaZoR@lemmy.worldlinkfedilinkarrow-up1arrow-down2·2 个月前 sales tax when purchasing materials. AFAIK Sales tax is relatively small in US. In EU it’s a 20-25% VAT but B2B transactions are VAT free
Also, you’re taxed on spending while businesses generally aren’t
That’s not really true. Payroll taxes are still a thing, and they still need to pay sales tax when purchasing materials. It’s the accounting tomfoolery that lets then get away with not paying taxes on profits.
AFAIK Sales tax is relatively small in US. In EU it’s a 20-25% VAT but B2B transactions are VAT free